Quotessence
Home / Authors / David Bornstein
David Bornstein

David Bornstein Quotes

Journalist

Filter quotes by topic

Famous David Bornstein Quotes

“According to the management expert Peter F. Drucker, the term "entrepreneur" (from the French, meaning "one who takes into hand") was introduced two centuries ago by the French economist Jean-Baptiste Say to characterize a special economic actor-not someone who simply opens a business, but someone who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield." The twentieth-century growth economist Joseph A. Schumpeter characterized the entrepreneur as the source of the "creative destruction" necessary for major economic advances.”

“The prosperity of the second half of the twentieth century was both a cause and an effect of social and scientific breakthroughs that have redefined human life. The biggest change is simply that people live longer and have far more freedom to think about things other than staying alive.”